AGL board vote: More big investors back Grok directors
HESTA, Merlon Capital Partners and BetaShares are all supporting at least two of Grok’s picks for directors at AGL Energy.
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HESTA, Merlon Capital Partners and BetaShares are all supporting at least two of Grok’s picks for directors at AGL Energy.
Retail investors wanting to engage in shareholder activism could be “powerful”, but there are some hoops to jump through first.
The AGL Energy Limited (ASX: AGL) AGM is fast approaching and key proxy advisors increasingly appear at a stand-off with the company’s board.
Support from industry superannuation funds looks set to ensure the software billionaire gets most of his director picks onto the AGL board.
Power giant AGL is facing the escalating threat of a clash with investors as support builds behind a push to defy the board and elect new company directors.